JABIL INC reported third fiscal quarter ended May 31, 2026 results: revenue $8.8 billion, EPS U.S. GAAP diluted earnings per share: $2.59. Guidance raised.
“Jabil Inc. (NYSE: JBL), reported preliminary, unaudited financial results for its third quarter of fiscal year 2026. Third Quarter of Fiscal Year 2026 Highlights: • Net revenue: $8.8 billion • U.S. GAAP operating income: $445 million • U.S. GAAP diluted earnings per share: $2.59 • Core operating income (Non-GAAP): $504 million • Core diluted earnings per share”
Earnings Releases
JABIL INC reported second quarter of fiscal year 2026 results: revenue $8.3 billion, EPS $2.08. Guidance raised.
“Inc. (NYSE: JBL), reported preliminary, unaudited financial results for its second quarter of fiscal year 2026. Second Quarter of Fiscal Year 2026 Highlights: • Net revenue: $8.3 billion • U.S. GAAP operating income: $374 million • U.S. GAAP diluted earnings per share: $2.08 • Core operating income (Non-GAAP): $436 million • Core diluted earnings per share”
Material Agreements
JABIL INC entered into Officers’ Certificate with U.S. Bank Trust Company, National Association valued at $500 million aggregate principal amount of its 4.200% Senior Notes due 2029 and $500 million aggrega (effective 2026-01-23).
“On January 23, 2026, Jabil Inc. (the “Company”) issued $500 million aggregate principal amount of its 4.200% Senior Notes due 2029 (the “2029 Notes”) and $500 million aggregate principal amount of its 4.750% Senior Notes due 2033 (the “2033 Notes” and together with the 2029 Notes, the “Notes”) in an underwritten public offering (the “Offering”).”
Restructurings & Charges
JABIL INC announced a restructuring with charges of approximately $200 million.
“The Company expects the total amount of pre-tax restructuring and other related costs to be approximately $200 million, including the following estimated items: • $60 million to $70 million of employee severance and benefit costs; • $65 million to $70 million of asset write-off costs; and • $55 million to $65 million of contract termination costs and other related costs.”
Sujatha Chandrasekaran was appointed as Director at JABIL INC.
“On April 16, 2025, the Board of Directors (“Board”) of Jabil Inc. (“Jabil”), increased the size of the Board from nine to ten directors and appointed Ms. Sujatha Chandrasekaran to the Board, effective immediately and continuing until the next annual meeting of stockholders or until her successor is duly elected and qualified.”
Governance Changes
JABIL INC: Reduced ownership threshold to call special meeting from majority to 25% and updated procedural mechanics (effective 2024-10-17).
“On October 17, 2024, the Board of Directors (“Board”) of Jabil Inc. (the “Company”), approved and adopted Amended and Restated Bylaws, which became effective immediately. The Amended and Restated Bylaws were revised to reduce the ownership threshold necessary to call a special meeting of stockholders from a majority of shares entitled to vote at the meeting to shares representing at least twenty-five percent of the voting power of the stock entitled to vote on the matter and to clarify and update related procedural mechanics.”
Restructurings & Charges
JABIL INC announced a restructuring with charges of approximately $150 million to $200 million affecting support infrastructure, Selling, General and Administrative and manufacturing cost base (headcount reductions across our Selling, General and Administrative and manufacturing cost base).
“subject to consultation with the Company’s employees and their representatives. Based on the analysis done to date, the Company currently expects to recognize approximately $150 million to $200 million in pre-tax restructuring and other related costs over the course of the Company’s 2025 fiscal year. The charges relating to the 2025 Restructuring Plan are”
Michael Dastoor was appointed as Director at JABIL INC.
“appointed Mr. Michael Dastoor to the Board, effective immediately”
Gerald Creadon departed as Executive Vice President, Operations at JABIL INC.
“As disclosed in Jabil Inc.'s Current Report on Form 8-K filed on May 20, 2024, Mr. Gerald (JJ”) Creadon no longer served as Executive Vice President, Operations as of May 18, 2024.”
Steven D. Borges was appointed as Executive Vice President, Global Business Units at JABIL INC.
“On May 18, 2024, Mr. Steven Borges, 56, who recently went on garden leave pursuant to a Mutual Separation Agreement and Release dated August 21, 2023 (the “Original Agreement”) from his role as Executive Vice President and CEO, Diversified Manufacturing Services, returned to his role under the title of Executive Vice President, Global Business Units.”
Gregory B. Hebard was appointed as Executive Vice President and Chief Financial Officer at JABIL INC.
“Mr. Gregory B. Hebard, currently Jabil’s Senior Vice President, Treasurer, was appointed Executive Vice President and Chief Financial Officer on May 18, 2024.”
Michael Dastoor was appointed as Chief Executive Officer at JABIL INC.
“On May 18, 2024, Michael Dastoor, most recently Interim Chief Executive Officer and Chief Financial Officer of Jabil, was appointed Chief Executive Officer.”
Kenneth S. Wilson departed as Chief Executive Officer and Director at JABIL INC.
“On May 18, 2024, Kenneth S. Wilson ceased to serve as Chief Executive Officer and Director of Jabil Inc. ("Jabil") following the completion of the previously announced internal investigation related to corporate policies.”
Michael Dastoor was appointed as interim Chief Executive Officer at JABIL INC.
“Effective as of April 19, 2024, the Company’s Board of Directors appointed Mr. Michael Dastoor, Chief Financial Officer, to serve as the Company’s interim Chief Executive Officer.”
Kenneth S. Wilson changed role as Chief Executive Officer and Director at JABIL INC.
“On April 15, 2024, Mr. Kenneth S. Wilson, Chief Executive Officer and Director of Jabil Inc. (the “Company”), was placed on a paid leave pending completion of an investigation related to corporate policies.”
Earnings Releases
JABIL INC reported second quarter of fiscal year 2024 results: revenue $6.8 billion, EPS U.S. GAAP diluted earnings per share: $7.31. Guidance lowered.
“under these conditions, we expect to deliver strong core operating margins and free cash flow in FY24,” he added. Second Quarter of Fiscal Year 2024 Highlights: • Net revenue: $6.8 billion • U.S. GAAP operating income: $1.1 billion • U.S. GAAP diluted earnings per share: $7.31 • Core operating income (Non-GAAP): $338 million • Core diluted earnings per share”
Restructurings & Charges
JABIL INC announced a restructuring with charges of approximately $300 million.
“The Company continues to expect the total amount of pre-tax restructuring and other related costs to be approximately $300 million, including the following estimated items: • $150 million to $180 million of employee severance and benefit costs; • $80 million to $120 million of asset write-off costs; and • $30 million to $40 million of contract termination costs and other related costs.”
Debt Financings
JABIL INC amended revolving credit with Citibank, N.A. (as administrative agent) maturing Three-Year Revolving Credit Facility extended to January 22, 2026; Five-Year Revolving Credit Facility extended to January 22, 2028.
“The Amendment, among other things, (i) instituted certain amendments to the sustainability-linked adjustments to the interest rates applicable to borrowings under the Company’s three-year revolving credit facility (the “Three-Year Revolving Credit Facility”) and the Company’s five-year revolving credit facility (the “Five-Year Revolving Credit Facility”) and (ii) extended the termination date of the Three-Year Revolving Credit Facility (with respect to the available commitments of the extending lenders) from January 22, 2025 to January 22, 2026, and of the Five-Year Revolving Credit Facility (with respect to the available commitments of the extending lenders) from January 22, 2027 to January 22, 2028, in each case subject to an additional one-year extension at the option of the Company.”
Material Agreements
JABIL INC amended Amendment with Citibank, N.A., as administrative agent; Sumitomo Mitsui Banking Corporation and Citibank, N.A., as sustainability agents; JPMorgan Chase Bank, N.A. and Bank of America, N.A., as co-syndication agents; BNP Paribas, Credit Agricole Corporate and Investment Bank, Mizuho Bank, Ltd., Sumitomo Mitsui Ban (effective 2024-02-23).
“On February 23, 2024, Jabil Inc. (the “Company”) entered into an amendment (the “Amendment”) to its senior unsecured credit agreement dated as of January 22, 2020”
Shareholder Votes
JABIL INC shareholders approved Stockholder proposal to adopt a shareholder right to call a special shareholder meeting at the 2024-01-25 meeting.
“5. The stockholder proposal entitled “Adopt a Shareholder Right to Call a Special Shareholder Meeting” was approved by the vote set forth below: FOR AGAINST ABSTAIN NON-VOTE 59,517,468 47,802,460 155,548 10,344,705”
Shareholder Votes
JABIL INC shareholders approved Advisory vote on executive compensation at the 2024-01-25 meeting.
“4. The Company’s executive compensation was approved (on an advisory basis) by the vote set forth below: FOR AGAINST ABSTAIN NON-VOTE 105,235,715 2,088,300 151,461 10,344,705”
Shareholder Votes
JABIL INC shareholders approved Advisory vote on frequency of future stockholder votes on executive compensation at the 2024-01-25 meeting.
“3. A one-year frequency of future stockholder votes to approve the Company’s executive compensation (on an advisory basis) was approved by the vote set forth below: 1 YEAR 2 YEARS 3 YEARS ABSTAIN NON-VOTE 104,292,529 38,045 3,060,433 84,469 10,344,705”
Shareholder Votes
JABIL INC shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year ending August 31, 2024 at the 2024-01-25 meeting.
“2. The appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending August 31, 2024, was ratified by the vote set forth below: FOR AGAINST ABSTAIN NON-VOTE 116,299,207 933,085 587,889 —”
Shareholder Votes
JABIL INC shareholders approved Election of directors at the 2024-01-25 meeting.
“1. The individuals listed below were elected at the Annual Meeting to serve as directors of the Company until the next annual meeting of stockholders or until their respective successors are duly elected and qualified: FOR AGAINST ABSTAIN NON-VOTE Anousheh Ansari 106,640,175 727,630 107,671 10,344,705 Christopher S. Holland 106,903,909 481,946 89,621 10,344,705 Mark T. Mondello 104,861,689 2,523,380 90,407 10,344,705 John C. Plant 65,026,864 42,345,037 103,575 10,344,705 Steven A. Raymund 91,104,709 16,262,797 107,970 10,344,705 James Siminoff 106,986,195 399,813 89,468 10,344,705 David M. Stout 103,841,816 3,532,833 100,827 10,344,705 N. V. “Tiger” Tyagarajan 106,944,480 417,542 113,454 10,344,705 Kathleen A. Walters 102,189,022 5,131,405 155,049 10,344,705 Kenneth S. Wilson 106,449,364 933,266 92,846 10,344,705”
Earnings Releases
JABIL INC reported first quarter of fiscal year 2024 results: revenue $8.4 billion, EPS $1.47. Guidance reaffirmed.
“softer demand, the team delivered good year-over-year growth in core margins and core earnings per share,” he added. First Quarter of Fiscal Year 2024 Highlights: • Net revenue: $8.4 billion • U.S. GAAP operating income: $303 million • U.S. GAAP diluted earnings per share: $1.47 • Core operating income (Non-GAAP): $499 million • Core diluted earnings per share”
Thomas Sansone departed as Director at JABIL INC.
“On October 31, 2023, Mr. Thomas Sansone determined that he would not stand for re-election to the Board of Directors of Jabil Inc. (the “Board”) at the 2024 annual meeting of stockholders (the “2024 Annual Meeting”) and, therefore, his term as a director will end immediately prior to the meeting.”
Restructurings & Charges
JABIL INC announced a restructuring with charges of approximately $300 million affecting Selling, General and Administrative ("SG&A") cost base and global footprint.
“subject to consultation with the Company’s employees and their representatives. Based on the analysis done to date, the Company currently expects to recognize approximately $300 million in pre-tax restructuring and other related costs over the course of the Company’s 2024 fiscal year. The charges relating to the 2024 Restructuring Plan are currently expected to”
Earnings Releases
JABIL INC reported preliminary financial results for fourth fiscal quarter and full fiscal year ended August 31, 2023.
“On September 28, 2023, Jabil Inc. (the “Company”) issued a press release announcing its results of operations for the fourth fiscal quarter and full fiscal year ended August 31, 2023.”
Material Agreements
JABIL INC entered into Purchase Agreement with BYD Electronic (International) Co. Ltd. valued at $2,200,000,000 (effective 2023-09-26).
“Jabil Inc. (the "Company" or "Jabil") announced on September 26, 2023 that, through its indirect subsidiary, Jabil Circuit (Singapore) Pte. Ltd., a Singapore private limited company ("Seller"), it has agreed to sell to BYD Electronic (International) Co. Ltd., a Hong Kong limited liability company ("Purchaser" or "BYDE"), its product manufacturing business in Chengdu, including its supporting component manufacturing in Wuxi (the "Business") for cash consideration of $2.2 billion, subject to certain customary purchase price adjustments.”
Steven Borges retired as Executive Vice President and CEO, Diversified Manufacturing Services at JABIL INC.
“In connection with the retirement of Mr. Steven Borges, Executive Vice President and CEO, Diversified Manufacturing Services, effective December 31, 2023, Mr. Borges entered into a Mutual Separation Agreement and Release dated August 21, 2023 (the “Agreement”).”
Steven D. Borges departed as Executive Vice President and CEO, Diversified Manufacturing Services at JABIL INC.
“On August 10, 2023, Steven D. Borges, Executive Vice President and CEO, Diversified Manufacturing Services, announced that he intends to retire from Jabil Inc. on December 31, 2023, remaining available to transition his responsibilities through December 31, 2024.”
Earnings Releases
JABIL INC reported third quarter of fiscal year 2023 results: revenue $8.5 billion, EPS $1.72. Guidance raised.
“to offer unique engineering, manufacturing, and supply chain solutions to our customers across the globe,” he added. Third Quarter of Fiscal Year 2023 Highlights: • Net revenue: $8.5 billion • Diversified Manufacturing Services (DMS) year-on-year revenue growth: 13 percent • Electronics Manufacturing Services (EMS) year-on-year revenue decline: 8 percent • U.S. GAAP”
Kenneth Wilson was appointed as Director at JABIL INC.
“the Board of Jabil increased the size of the Board from eight to nine directors and also appointed Mr. Wilson to the Board, effective May 1, 2023”
Kenneth Wilson was appointed as Chief Executive Officer at JABIL INC.
“the Board of Directors (“Board”) of Jabil Inc. (“Jabil”), announced the appointment of Mr. Kenneth Wilson to succeed Mr. Mark Mondello as Chief Executive Officer, effective May 1, 2023.”
Material Agreements
JABIL INC entered into Officers' Certificate with U.S. Bank Trust Company, National Association valued at $300.0 million (effective 2023-04-13).
“On April 13, 2023, Jabil Inc. (the “Company”) issued $300.0 million aggregate principal amount of the Company’s 5.450% Senior Notes due 2029 (the “Notes”) in an underwritten public offering (the “Offering”). The form and term of the Notes were established pursuant to an Officers’ Certificate, dated as of April 13, 2023 (the “Officers’ Certificate”), supplementing the Indenture, dated as of January 16, 2008, between the Company and U.S. Bank Trust Company, National Association (as ultimate successor in interest to The Bank of New York Mellon Trust Company, N.A.), as trustee (the “Indenture”).”
Earnings Releases
JABIL INC updated its second quarter of fiscal year 2023 guidance (reaffirmed).
“On March 16, 2023, Jabil Inc. (the “Company”) issued a press release announcing its results of operations for the second fiscal quarter ended February 28, 2023.”
Material Agreements
JABIL INC amended Amendment with the lenders and agents named therein (effective 2023-02-10).
“On February 10, 2023, Jabil Inc. (the “Company”) entered into an amendment (the “Amendment”) to its senior unsecured credit agreement dated as of January 22, 2020 among the Company; the initial lenders named therein; Citibank, N.A., as administrative agent; Sumitomo Mitsui Banking Corporation and Citibank, N.A., as sustainability agents; JPMorgan Chase Bank, N.A. and Bank of America, N.A., as co-syndication agents; BNP Paribas, Credit Agricole Corporate and Investment Bank, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation and U.S. Bank National Association, as documentation agents; and Citibank, N.A., JPMorgan Chase Bank, N.A., BofA Securities, Inc., BNP Paribas Securities Corp., Credit Agricole Corporate and Investment Bank, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation and U.S. Bank National Association, as joint lead arrangers and joint bookrunners (the “Agreement”).”
Shareholder Votes
JABIL INC shareholders approved Advisory approval of executive compensation at the 2023-01-26 meeting.
“3. A proposal to approve (on an advisory basis) the Company’s executive compensation. FOR AGAINST ABSTAIN NON-VOTE 107,642,583 2,822,012 158,813 13,452,782”
Shareholder Votes
JABIL INC shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm for fiscal year ending August 31, 2023 at the 2023-01-26 meeting.
“2. A proposal to ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending August 31, 2023. FOR AGAINST ABSTAIN NON-VOTE 121,339,249 1,296,740 1,440,201 —”
Shareholder Votes
JABIL INC shareholders approved Election of Directors at the 2023-01-26 meeting.
“1. The individuals listed below were elected at the Annual Meeting to serve as directors of the Company until the next annual meeting of stockholders or until their respective successors are duly elected and qualified: FOR AGAINST ABSTAIN NON-VOTE Anousheh Ansari 109,959,902 561,202 102,304 13,452,782 Christopher S. Holland 110,138,370 386,423 98,615 13,452,782 Mark T. Mondello 106,957,651 3,314,536 351,221 13,452,782 John C. Plant 87,152,969 23,344,726 125,713 13,452,782 Steven A. Raymund 90,010,206 20,515,518 97,684 13,452,782 Thomas A. Sansone 104,383,029 6,118,247 122,132 13,452,782 David M. Stout 105,968,349 4,529,753 125,306 13,452,782 Kathleen A. Walters 109,571,580 960,628 91,200 13,452,782”
“I remain confident in our plan moving forward, which is supported by both strong secular tailwinds and continued refinement of our more traditional businesses,” continued Mondello. “As a result, we are raising our core EPS for the year to $8.40, a twenty-five cent increase from our outlook at the beginning of the fiscal year,” added Mondello.”
Earnings Releases
JABIL INC reported Second Quarter of Fiscal Year 2023 results: revenue $7.8 billion to $8.4 billion, EPS $1.44 to $1.84 per diluted share. Guidance initiated.
“Second Quarter of Fiscal Year 2023 Outlook: • Net revenue $7.8 billion to $8.4 billion • U.S. GAAP operating income $319 million to $379 million • U.S. GAAP diluted earnings per share $1.44 to $1.84 per diluted share • Core operating income (Non-GAAP) (1) $347 million to $407 million • Core diluted earnings per share (Non-GAAP) (1) $1.64 to $2.04 per diluted share • Total company revenue Increase 7 percent year-on-year”
Earnings Releases
JABIL INC reported first quarter of fiscal year 2023 results: revenue $9.6 billion, EPS $1.61.
“First Quarter of Fiscal Year 2023 Highlights: • Net revenue: $9.6 billion • Diversified Manufacturing Services (DMS) year-on-year revenue growth: 8 percent • Electronics Manufacturing Services (EMS) year-on-year revenue growth: 18 percent • U.S. GAAP operating income: $362 million • U.S. GAAP diluted earnings per share: $1.61 • Core operating income (Non-GAAP): $461 million • Core diluted earnings per share (Non-GAAP): $2.31”
Martha Brooks departed as Director at JABIL INC.
“On November 28, 2022, Ms. Martha Brooks notified the Board of Directors (the “Board”) of Jabil Inc. (“the Company”), that she has decided not to stand for re-election at the Company’s 2023 annual meeting of stockholders and, therefore, her term as a director will end immediately prior to the meeting.”
Mark Mondello was appointed as Executive Chairman at JABIL INC.
“Mr. Wilson will succeed Mr. Mark Mondello, who will continue his service as CEO until his retirement on April 30, 2023. On and after April 30, 2023, Mr. Mondello will continue in the role of Executive Chairman of the Board.”
Michael J. Loparco departed as Executive Vice President and CEO Electronic Manufacturing Services at JABIL INC.
“Mr. Michael J. Loparco, Executive Vice President and CEO Electronic Manufacturing Services of Jabil Inc. (“Jabil”) will retire effective November 30, 2022”
Timothy Main departed as Chairman of the Board at JABIL INC.
“Mr. Timothy Main notified the Board of Directors (“Board”) of Jabil Inc. (“the Company”), that he will retire as a director and Chairman of the Board of the Company effective November 1, 2021”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.